Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
122 hedge funds and large institutions have $155M invested in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 32 increasing their positions, 41 reducing their positions, and 12 closing their positions.
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more funds holding
Funds holding: 110 → 122 (+12)
1.74% more ownership
Funds ownership: 17.64% → 19.38% (+1.7%)
21% less capital invested
Capital invested by funds: $197M → $155M (-$41.2M)
22% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.38M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.18M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$4.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.26M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.17M |
| 2 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
-$2.88M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.94M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.85M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.16M |
ETW Hedge Fund Activity: Q1 2020 in Review
122 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) for Q1 2020, worth a combined $155M — down 21% from $197M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ETW positions and 12 closed out — a net gain of 14 holders — while 32 added to existing stakes and 41 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $6.38M. The largest seller was Morgan Stanley, cutting an estimated $3.17M.
- 122 institutional investors held Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) as of Q1 2020, up from 110 in Q4 2019.
- Funds reported $155M of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock for Q1 2020, down 21% quarter-over-quarter.
- 26 funds opened new Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund positions in Q1 2020 and 12 closed out, a net change of +14 holders.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $6.38M added.
- The largest Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund seller in Q1 2020 was Morgan Stanley, an estimated $3.17M sold.
Based on aggregated 13F filings for Q1 2020.